Finance has always been an exciting sector for both novice and professional traders/investors. Banks are considered the centerpiece of traditional finance. Getting loans and creating accounts in bricks-and-mortar banking institutions are considered go-to’s in the traditional financial world.
Though traditional finance is a part of everyone’s life, certain limitations continue to affect the space. Some vital concerns of such financial institutions are centralization, hefty paperwork, and time-consuming procedures.
To address the following concern, Akt.io, a modern financial platform, came into existence. Akt.io is a platform that transforms the world of finance by taking power out of the hands of traditional institutions and putting it in the hands of the users.
What is Akt.io?
Akt.io is a finance mobile application that combines the best tools, including neo banking, crypto, and traditional investments. It enables users to boost returns and maximize their interest in their EUR savings without compromising on the latest blockchain technology. Akto.io is a platform with powerful investment tools, that is accessible to everyone.
The platform works with the mission to allow users to gain financial independence through investing and taking complete control of their future. Launched by Gael Itier in 2018, the platform was earlier known as Automata Network Ltd. Later, in 2020, it rebranded itself to Akt.io. The core objective of the platform is to build an innovative way for users to create and manage assets with the sole focus on user experience.
Unlike other financial projects, users can effortlessly grow their money using Akt.io. Users can access three types of accounts on Akt.io: current accounts, savings accounts, and investment accounts. The structure of Akt.io is similar to traditional banking which provides reassurance to new users and boosts the platform’s conformity.
Key features
Akt.io has various features that deliver users a unique experience exploring the financial world:
- 100+ cryptocurrencies: Akt.io supports all the top crypto assets of the present market, from Bitcoin to the most popular altcoins. Users can monitor the market performance of different coins, go through the articles of Akt.io on each asset and seamlessly make better investment decisions. Buying and trading digital assets are now accessible to users with just a few taps.
- Expert market insights: Akt.io provides users with detailed market analytics and news curated by the in-house experts of the platform. This, in turn, enables users to have better insights into the present and future market conditions.
- Learning opportunities: Akt.io also provides an opportunity for users to learn the basics about the crypto space, Decentralized Finance (DeFi), and financial technology (FinTech). The educational resources offered by the platform pushes users to become better investor and gear up on topics like blockchain, NFTs, stablecoins, etc.
- Staking: AKTIO is the native coin of the platform that enables users to lock AKTIO for 12 months. The former also helps traders to earn 15-20% interest on their respective currencies.
Innovative products
Amidst various DeFi platforms, it becomes crucial for agencies to stand out from the rest. Thus, the innovative products offered by Akt.io provides the best user experience, making it different from the rest.
- Euro vaults: FinTech provides this product to democratize the crypto savings accounts to the public. It’s a genuine investment tool that enables users to earn daily interest on their Euros, with up to 10% APY annually. In addition, these vaults are shared among several people to maximize people’s returns and plan projects. The best thing about the Euro vaults is that it enables users to withdraw from the vaults without any charging fees.
- WealthBot: It’s an intelligent robo-advisor powered by proprietary algorithms that automatically invests in crypto on behalf of the users. The WealthBot automatically creates a portfolio tailored to the user’s risk profile. In addition, it rebalances and optimizes multiple times a day using sophisticated proprietary algorithms. It can also be referred to as a decision tool that enables the users to navigate their choices, which is appropriate to predict market trends.
- Wealth card: The Wealth Card will be available right after school starts, this card enables users to spend money while generating interest. All this is done by linking all user assets (savings account, cryptocurrencies, stocks, crypto bot) directly to a payment card. Akt.io and its crypto payment cards transform cryptocurrency into the daily medium of exchange, making the current account obsolete. With this innovation, Akt.io helps users to access and spend their money with the platform taking care of their assets.
- WealthHub: The WealthHub is the centerpiece of the Akt.io app. The former features over 90 cryptocurrencies and allows users to manage them with just one click. Whether users are in a buying or selling mood or simply determined to hold assets, WealthHub assists in doing so effortlessly. Abiding by its name, various new cryptocurrencies are constantly being added to WealthHub with US and EU stocks, coming in winter 2022.
The AKTIO coin
AKTIO is the native token of the platform, allowing its holders to enjoy discounts on conversion and exchange fees within the app while taking part in the platform’s development for an increasingly rewarding experience. In addition, users can also become real contributors by holding AKTIO coins and benefiting from the growth of the ecosystem.
AKTIO offers numerous benefits to its users:
- Frictionless payment: Users can automate fee payments without trading off the capital and also trade other assets.
- Minimal exchange fees: AKTIO allows users to balance its return by providing a 25% discount on exchange services.
- Low-cost, multi-chain transfers: The coin enables alternative networks that bridge to eliminate high gas fees for certain DeFi, NFT, and metaverse applications.
- Faster transactions: AKTIO, an ETH 2.0 based token, enhances the user performance and transaction speed while reducing gas fees.
- Transparent record keeping: Users can see all AKTIO transactions in the public ledger and company disbursements providing transparency to the users.
- Combats fraud & money laundering: To avoid financial scams all parties are held accountable for their financial transactions.
Closing thoughts
Akt.io is planning a giveaway of 1 million euros in AKTIO once the app reaches 100,000 users to reward all early adopters. Additionally, the former also envisions reaching 300,000 users by January 2023. The team of Akt.io, willing to bridge the gap between the investment solutions, went forward and came up with an easy liquidation of invested capital.
This gave rise to an asset exchange feature known as the WealthHub. Being the core feature of the Akt.io app, WealthHub provides users with the best exchange rate, enhanced liquidity, and autonomous investment and wealth management.
Besides that, the product also provides a time and cost-efficient way for users to undergo exchanges without compromising transparency. With such amazing, comprehensive features, products, and services, Akt.io reflects its motto to “make your money work for you”.
To know more about Akt.io, please visit the official website or follow them on Twitter.
Disclaimer: This is a paid post and should not be treated as news/advice.
Source: https://ambcrypto.com/revolutionizing-financial-mobility-with-akt-io/